http://fph.vse.cz/

Faculty of Business Administration, University of Economics, Prague

Buskerud and Vestfold University College

Historically, comparative international studies have been used to explore the philosophy behind best practices and how they work with a view to adapting such practices in a new context. However, the published literature does not envisage any evidence to prove such a comparative analysis has been conducted concerning Czech and Norwegian Municipalities. Primarily, the project aimed at carrying out a comparative study in identifying best accounting and budgeting practices developed by Norwegian and Czech local governments as a result of reform efforts. In so doing, this study enabled us to comprehend how Norway and the Czech Republic have implemented accounting and budgeting reforms and also pinpoint what types of challenges they have encountered throughout the reform process. We also learned how they overcame such barriers. In other words, this study envisaged what kind of strategies have been used to successfully implement accounting and budgeting reforms. Accordingly, this study enabled us to provide suggestions and recommendations for the implementation of accounting and budgeting reforms for selected local governments and for policy makers in general.

1 237 086 CZK